NIFTY is likely to open neutral.
It is likely to remain sideways to positive in the later part of the day.
NIFTY short term support is between 12200-12240 and resistance is between 12360-12400.
BANKNIFTY short term support is between 31650-31750 and resistance is between 32390-32490.
Can go long on drops, but be aggressive in booking profit.
Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control. However one is in RED.
2. All weekly BANKNIFTY positional strategy trades are in control.
3. Intraday trades were closed in GREEN.
4. Be ready for elarnmarkets.com's webinar on Jan 18, between 3:00 PM to 5:00 PM.
5. Upcoming Option strategy workshop is planned in Delhi on Feb 1-2.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.